India, Oct. 30 -- NPK International Inc. (NPKI) is down 10.89 percent, losing $1.22 to $9.98 on Friday. The decline comes despite the company reporting higher third-quarter results, with net income increasing to $6.11 million from $5.65 million a year earlier. Earnings per share remained unchanged at $0.07.
NPK International is currently trading at $9.98, down from the previous close of $11.20 after opening at $8.24 on the New York Stock Exchange. The stock has traded between $8.24 and $10.27 during the session. Trading volume stands at 1.71 million shares, compared with an average volume of about 748,000 shares.
Third-quarter revenue increased to $76.28 million from $68.84 million a year earlier, while operating income from continuing op...